Online Payments

PASA has the responsibility to manage the South African online payments by providing payment services and payment solutions in order to provide the South African banking community with safe and efficient facilities to exchange online payments. Protection of payment details of online payments which go through is assured of because of the highly effective and efficient payment services and payment solutions which are offered.

PASA also manages the clearing and settlement risks in the payment systems through which online payments take place. Access of participants and prospective participants to the payment services and payment solutions is facilitated on a fair and equitable basis. The communication which occurs between PASA and payment participants enables proper understanding of the payment services and payment solutions provided and thus online payments made are done so without any misunderstandings.